3,344 Shares in Healthcare Realty Trust Incorporated $HR Acquired by MTM Investment Management LLC

MTM Investment Management LLC bought a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,344 shares of the real estate investment trust’s stock, valued at approximately $53,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Intech Investment Management LLC lifted its position in Healthcare Realty Trust by 68.3% during the 2nd quarter. Intech Investment Management LLC now owns 40,883 shares of the real estate investment trust’s stock worth $648,000 after acquiring an additional 16,587 shares during the period. Cetera Investment Advisers raised its stake in shares of Healthcare Realty Trust by 11.0% during the second quarter. Cetera Investment Advisers now owns 71,765 shares of the real estate investment trust’s stock worth $1,138,000 after purchasing an additional 7,089 shares during the last quarter. Creative Planning raised its stake in shares of Healthcare Realty Trust by 3.4% during the second quarter. Creative Planning now owns 120,177 shares of the real estate investment trust’s stock worth $1,906,000 after purchasing an additional 3,911 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Healthcare Realty Trust by 75.9% during the second quarter. SG Americas Securities LLC now owns 64,278 shares of the real estate investment trust’s stock worth $1,019,000 after purchasing an additional 27,739 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in Healthcare Realty Trust by 15.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,859,453 shares of the real estate investment trust’s stock valued at $108,791,000 after buying an additional 893,938 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $18.16 on Monday. The stock has a market cap of $6.38 billion, a PE ratio of -15.79 and a beta of 0.95. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.97. The stock has a fifty day moving average price of $18.10 and a 200 day moving average price of $16.58.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The firm had revenue of $297.77 million during the quarter, compared to the consensus estimate of $291.10 million. During the same quarter in the previous year, the company posted $0.39 EPS. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. As a group, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Monday, November 10th. Healthcare Realty Trust’s payout ratio is -90.57%.

Insider Buying and Selling at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $18.00, for a total value of $270,000.00. Following the completion of the sale, the executive vice president owned 113,419 shares in the company, valued at approximately $2,041,542. This trade represents a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HR. Citigroup boosted their price target on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. BTIG Research reissued a “buy” rating and issued a $20.00 price target on shares of Healthcare Realty Trust in a report on Monday, September 29th. Wells Fargo & Company raised Healthcare Realty Trust from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $16.00 to $18.00 in a report on Monday, October 20th. Finally, Raymond James Financial downgraded Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus target price of $18.78.

Healthcare Realty Trust Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.